OTCQX:AVLIF - Post by User
Comment by
JMark80on Jun 28, 2018 1:15pm
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Post# 28245794
RE:Enough criticizing daily movement..
RE:Enough criticizing daily movement..It's very likely, they do have first right of refusal. I seriously doubt Advantage will build a carbonate plant - Cauchari won't need three of them. Either a tolling agreement or buy out. Speaking of resource, the NW brine has chemistry similar to LAC (opex of $2500/tonne, though they do have a higher grade and more of it). The SE deep sand looks like it will be similar as well. Phase 3 is estimated to add 1.43 - 3 million tonnes to the resource, so in total 3 - 4.5 million tonnes of good resource, plus another 1.5 million with high sulphate.